Seeking Alpha by Adding Beta

It's going to be an eventful Sunday (similar to those ones back in 2008/2009) when Washington is busy cooking something to deal with nation and world economies from plunging into a "cliff". Finally on last day, politicians would wake up and come up with some deal to avoid "fiscal cliff" and declare it as victory that they saved 98-99% of people from dreadful tax increases. When it comes to politicians, it always have to come to last day to make a deal. Maybe that's art of politics! Most likely Sunday on prime time TV, all 5 "leaders" would come on TV and announce that they have a deal to avoid tax-increases by 99% of Americans and would work together for larger deal on debt reduction and so on. World markets would cheer with DOW jumping up more than 200 points on Monday and everyone would welcome 2013 with late night parties! Since 2013 is almost here, here are my new year recommendations. Caveat: Please invest only after doing your own analysis

You must be wondering if I did spell check on title of this blog. If you are in America, you would understand what I mean by "Cliffmas" since not a day goes by when we don't hear about "Fiscal Cliff" in America. Fiscal Cliff is nothing but a name given to a situation which our politicians have created by agreeing to a deadline of Jan 1, 2013 when automatic tax increases for all Americans kick in and significant spending cuts also kick it - both at same time. This has potential to push America (and possibly world) in another recession in 2013. So no wonder there is so much talk about fiscal cliff in US. That's why this year it's not Christmas but rather "Cliffmas". Speaker Boehner's "Plan B" did not go thru since his own republican party did not support it. That was one of the major negotiation ploy speaker had. Now that it did not get enough support, it would be interesting on how he would deal in ongoing discussions with Preside